Thoughts on Tunnel — "In every law of nature there is a major and a minor; a positive, a negative, and a neutral. Therefore, in cycles there must be a lesser, a greater and intermediate cycle, or cycles within cycles. Like Ezekiel says: "Wheel ...

Technical Analysis Fallacy

I missed it. Thanks.

Technical Analysis Fallacy

Which book are you talking about?

Technical Analysis Fallacy

I trade the 5M but I keep an eye on the 30S to commit more troops either for my 1-2-3 attack or 3-9-20 rescue sequence. - The 10S is too noisy. Watch the 30S and you will see that the PA behaves as the waves of a sea going up or down. These are ...

Technical Analysis Fallacy

You are correct: I do not use candles even when I have greatly studied them. I do not trust them, they make me lazy and I stop watching the market. I think that the new high gaps and the new low gaps and wave formations -without any crazy counting- ...

Technical Analysis Fallacy

Ksl, My thoughts and only my thoughts as far as I understand the forex dance. 1) No indicators of any type. If you use them, you are not dancing according to this thread. Indicators place a time and awareness gap between you and the market 2) No ...

Technical Analysis Fallacy

I was away and I missed fit note on taking a breadk. I will be always greatful for his teaching. We will wait and practice. In the interim, after another week of going away for business reason, I will return to my forex practice. I hope we could ...

Technical Analysis Fallacy

That was real sand dance. I wish I have that skill.

Technical Analysis Fallacy

Alexfot, I came to the same conclusion of MikeD. When I rescue I take the big guys first b/u with them the risk is too large. The enemy could come and break into our castle and rob our banks. I could either bring the largest troop home togethr with ...

Technical Analysis Fallacy

I play chess. I love chess. In chess, we play to kill the enemy king. Why not to kill the market dragon? For me losing 1 cent is as painfull as losing a fortune. I learned when I found myself losing all my week game by playing forex during the News. ...

Technical Analysis Fallacy

My dance — My dance: Scout: 1 then if Attack: 2-3 and if rescue: 3-9-20. My dance is for a very short period. I want to be done within 1 hr. I play from 4:00 to 6:00 am. Then I go back to sleep and run to work. My dance changes everyday. I ...

Technical Analysis Fallacy

Equity — I have 32 troops and I bring them back home every so often for R/R. I mean: I lock my profits, my attack sequence is 1-2-3 and my rescue sequence is 3-9-20. I recuest more than once. I just pump the 5 M bar to break to protect my book.

Technical Analysis Fallacy

both directions — Loonyew, that is what I do. I trade the E/U, but maybe MikeD has a good point: use 2 somewhat inversely correlated pairs. The problem is they have a wider spread than E/U. Maybe that is a price needed to reduce the risk. I ...

Technical Analysis Fallacy

Rescue or kill, that is the question — I have the same question. I found that if the trend goes against me because I misjudge the PA, then I have to decide to kill it or play the counter trends which it very painfull. fti, your advise would be ...

Technical Analysis Fallacy

a different approach — Do a search for "fti", you will be surprised. It is possible to win in forex without the indicator madness. They are really too slow; and most people seem to lose with them. Money management is the way. Good luck.

This Has Probably Been Asked 100 Times But..

Why is 10% the maximum risk? Some people talk about 2 %. Right now, in a demo account, I have not play, my margin are to the limit; a terrible feeling even when this is fake money. I guess I am not ready to risk 10 %. I am trying to determine my ...

Technical Analysis Fallacy

I will complay — Alexfot and all. I agree. It was just a distraction. The dance is more important. This morning I danced with my typical approach and I gathered 76 pips in 2 hrs. Since I have only 2 hours a day for trading, I am very ...

Technical Analysis Fallacy

That does not cut it. — Digerati, fti's thread is pretty long and complex. You said "good stuff." I wonder, are you a real speed reader? If you are not...teach us something? We are ready to learn from you.

Technical Analysis Fallacy

Me, too. The lady bit me hard today. Thanks god I dance with small bet (1000) and probably I will be going even lower (100) starting tomorrow. MM is very tricky and the market jazzes very fast. I will not go hight in size until I am pretty sure that ...

Technical Analysis Fallacy